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Last €47.65 EUR
Change Today -0.088 / -0.18%
Volume 0.0
PCG On Other Exchanges
Symbol
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New York
Berlin
As of 3:54 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

77 Beale Street

PO Box 770000

San Francisco, CA 94177

United States

Phone: 415-973-1000

Fax:

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company (Utility), engages in the sale and delivery of electricity and natural gas to customers in northern and central California. The Utility owns approximately 167,000 acres of land, including approximately 140,000 acres of watershed lands. Electric Utility Operations The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial, and agricultural customers. The Utility provides bundled services (electricity, transmission and distribution services) to most customers in its service territory. Customers also can obtain electricity from alternative providers, such as municipalities or community choice aggregators, as well as from self-generation resources, such as rooftop solar installations. The Utility's Diablo Canyon power plant consists of two nuclear power reactor units, Units 1 and 2. The Utility has entered into various purchase agreements for nuclear fuel that are intended to ensure long-term fuel supply. The Diablo Canyon power plant refueling outages are typically scheduled every 20 months. The licenses expire in 2024 and 2025. The Utility’s hydroelectric system consists of 107 generating units at 67 powerhouses. All of the Utility’s powerhouses are licensed by the Federal Energy Regulatory Commission, with license terms between 30 and 50 years. The Utility’s major operational photovoltaic facilities include the Five Points solar station (15 megawatt (MW)), the Westside solar station (15 MW), the Stroud solar station (20 MW), the Huron solar station (20 MW), the Cantua solar station (20 MW), the Giffen solar station (10 MW), the Gates solar station (20 MW), the West Gates solar station (10 MW) and the Guernsey solar station (20 MW). Generation Resources from Third Parties: The Utility has agreements to purchase power and electric capacity, including agreements for renewable energy resources. Electricity Transmission As of December 31, 2014, the Utility owned approximately 18,100 circuit miles of interconnected transmission lines operating at voltages ranging from 60 kilovolt (kV) to 500 kV. The Utility also operated 91 electric transmission substations with a capacity of approximately 63,400 megavolt ampere (MVA). The Utility’s electric transmission system is interconnected with electric power systems in the Western Electricity Coordinating Council, which includes many western states, Alberta and British Columbia, and parts of Mexico. In 2013, the Utility, MidAmerican Transmission, LLC, and Citizens Energy Corporation were selected by the California Independent System Operator to jointly develop a new 230-kV transmission line to address the growing power demand in Fresno, Madera and Kings counties area. The 70-mile line would connect the Utility-owned and -operated Gates and Gregg substations. Electricity Distribution The Utility's electricity distribution network consists of approximately 141,700 circuit miles of distribution lines (of which approximately 20% are underground and approximately 80% are overhead), 55 transmission switching substations, and 603 distribution substations, with a capacity of approximately 30,200 MVA. The Utility’s distribution network interconnects with its transmission system, primarily at switching and distribution substations, where equipment reduces the high-voltage transmission voltages to lower voltages, ranging from 44 kV to 2.4 kV, suitable for distribution to the Utility’s customers. In some cases, the Utility sells electricity from its distribution facilities to entities, such as municipal and other utilities, that resell the electricity. In 2014, the Utility commenced operations at the first of three new electric distribution control centers. This 24,000-square foot, facility, located in Fresno, California, would enhance electric reliability and resiliency for the Utility’s customers throughout the Central Valley and would utilize Smart Grid technologies. Additional facilities in Rocklin and Concord, California, are expected to be c

 

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